Policies of a weak dollar: not politicians but the US central bank will decide in future

Policies of a weak dollar: not politicians but the US central bank will decide in future

In the opinion of Josef Braml and Claudia Schmucker, the German Council on Foreign Relations (DGAP), Berlin, in light of the looming political gridlock in the US, more attention should be directed towards the organisational power of the Federal Reserve. The Fed continues to try to revive the economy...

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Veröffentlicht in:Ifo schnelldienst 2010-12, Vol.63 (50-52), p.14-17
Hauptverfasser: Braml, Josef, Schmucker, Claudia
Format: Artikel
Sprache:ger
Schlagworte:
Anti-inflation policy
Central banks
Inflation rate
Interest rate policy
Monetary economics
Monetary policy
Money supply
Political power
Stabilization policy
U.S.A
Western Europe
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Zusammenfassung:In the opinion of Josef Braml and Claudia Schmucker, the German Council on Foreign Relations (DGAP), Berlin, in light of the looming political gridlock in the US, more attention should be directed towards the organisational power of the Federal Reserve. The Fed continues to try to revive the economy with injections of liquidity. The success or failure of this action will influence the 2012 presidential elections and also have a strong influence on economic growth in Europe and in the newly industrialised countries. [PUB ABSTRACT]
ISSN:0018-974X